Crude Oil: Easy Swing Trade

The reversal of crude oil happened after breaking the weekly channel couple of weeks ago as anticipated in my previous post

(See link), a nice short trade was initiated. Was really one good trade. Oil was ever good to us, providing another setup to go short again.

Wait for a rejection around the upper line of the symmetrical triangle.

trade safe & Good luck!

Kommentar:

So far so good.
PS: this analysis fails if Oil breaks above 68.